3rd Apr 2019 11:39
(Correcting that only Julian Dunkerton is a co-founder of Superdry)
LONDON (Alliance News) - Superdry PLC said on Tuesday that several directors have left the company following a general meeting which saw co-founder Julian Dunkerton return to the board as interim chief executive officer.
Peter Williams, former chair of boohoo group PLC, has also been appointed to Superdry's board as chair of the fashion retailer.
As a result of the appointments, Chair Peter Bamford, Chief Executive Euan Sutherland and Chief Financial Officer Ed Barker have stepped down with immediate effect.
Also, Non-Executive Directors Dennis Millard, Minnow Powell, Sarah Wood and John Smith will leave their roles on July 1.
In addition, brokers UBS and Investec have resigned from their positions.
Earlier on Tuesday, shareholders narrowly voted in favour of re-electing Dunkerton and Williams, with 51.15% for and 48.85% votes against.
"We are very pleased to be joining the board of this great British company. We look forward to rebuilding the Superdry brand and the business," Dunkerton and Williams said.
Shares in Superdry were 10% lower at 450 pence each on Wednesday.
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